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Australian (ASX) Gold Industry Analysis

UpdatedMay 29, 2025
DataAggregated Company Financials
Companies152
  • 7D3.6%
  • 3M24.4%
  • 1Y62.7%
  • YTDn/a

In the last week, the Gold industry is up 8.9%, with Northern Star Resources up 6.6%. In the same time, Predictive Discovery was down 18%. This means that the industry has gained 63% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 May 2025AU$104.8bAU$22.4bAU$3.1b18.2x33.9x4.7x
Sat, 26 Apr 2025AU$93.6bAU$22.2bAU$3.0b19.4x31x4.2x
Mon, 24 Mar 2025AU$83.8bAU$22.2bAU$3.0b17.8x27.6x3.8x
Wed, 19 Feb 2025AU$78.0bAU$20.1bAU$2.4b20.5x32.9x3.9x
Fri, 17 Jan 2025AU$75.7bAU$18.7bAU$1.8b20.4x41.4x4.1x
Sun, 15 Dec 2024AU$74.6bAU$18.6bAU$1.8b22.1x41.2x4x
Tue, 12 Nov 2024AU$72.3bAU$18.4bAU$1.8b19.6x40.2x3.9x
Thu, 10 Oct 2024AU$67.3bAU$18.4bAU$1.8b20.1x37.6x3.7x
Sat, 07 Sep 2024AU$62.7bAU$18.2bAU$1.7b20.8x37.8x3.4x
Mon, 05 Aug 2024AU$61.6bAU$16.1bAU$1.1b23.3x55.6x3.8x
Wed, 03 Jul 2024AU$55.6bAU$16.1bAU$1.1b21x51.5x3.5x
Fri, 31 May 2024AU$58.1bAU$17.1bAU$1.2b20.8x49x3.4x
Sun, 28 Apr 2024AU$59.0bAU$17.2bAU$1.2b22.1x49.4x3.4x
Tue, 26 Mar 2024AU$52.8bAU$16.9bAU$1.2b17.5x42.9x3.1x
Thu, 22 Feb 2024AU$48.3bAU$15.6bAU$708.2m18.9x68.2x3.1x
Sat, 20 Jan 2024AU$71.2bAU$22.9bAU$1.3b22.6x52.9x3.1x
Mon, 18 Dec 2023AU$75.4bAU$22.9bAU$1.3b24.6x56x3.3x
Wed, 15 Nov 2023AU$69.6bAU$22.9bAU$1.4b21.4x51.4x3x
Fri, 13 Oct 2023AU$69.9bAU$23.0bAU$1.4b21.5x51.6x3x
Sun, 10 Sep 2023AU$68.5bAU$22.9bAU$1.4b18.8x48.6x3x
Tue, 08 Aug 2023AU$68.8bAU$22.4bAU$569.5m17.9x120.9x3.1x
Thu, 06 Jul 2023AU$71.8bAU$22.3bAU$558.6m17.2x128.6x3.2x
Sat, 03 Jun 2023AU$73.2bAU$22.4bAU$586.8m18x124.7x3.3x
Mon, 01 May 2023AU$75.8bAU$22.4bAU$585.2m19.3x129.5x3.4x
Wed, 29 Mar 2023AU$67.7bAU$22.3bAU$576.3m15.3x117.6x3x
Fri, 24 Feb 2023AU$61.0bAU$21.9bAU$459.6m18.1x132.8x2.8x
Sun, 22 Jan 2023AU$69.0bAU$20.7bAU$1.1b19.4x60.3x3.3x
Tue, 20 Dec 2022AU$61.0bAU$21.0bAU$1.2b17.6x51.4x2.9x
Thu, 17 Nov 2022AU$57.1bAU$20.9bAU$1.2b14.8x47.9x2.7x
Sat, 15 Oct 2022AU$49.3bAU$21.6bAU$1.3b14.2x38.4x2.3x
Mon, 12 Sep 2022AU$51.3bAU$20.7bAU$1.4b11.8x36.8x2.5x
Wed, 10 Aug 2022AU$56.9bAU$19.2bAU$2.1b8.7x26.5x3x
Fri, 08 Jul 2022AU$50.1bAU$19.4bAU$2.2b7.8x23.1x2.6x
Sun, 05 Jun 2022AU$64.8bAU$19.0bAU$2.1b9.8x30.4x3.4x
Price to Earnings Ratio

30.4x


Total Market Cap: AU$64.8bTotal Earnings: AU$2.1bTotal Revenue: AU$19.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gold Industry Price to Earnings3Y Average 63.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 33.9x which is lower than its 3-year average PE of 63.5x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 5.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market0.23%
Materials0.15%
Metals and Mining0.27%
Gold3.57%
Aluminum10.20%
Copper6.29%
Precious Metals and Minerals5.74%
Silver2.15%
Diversified Metals and Mining-0.32%
Steel-2.97%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NST Northern Star ResourcesAU$20.486.6%
+AU$1.8b
42.6%PE30.9x
GMD Genesis MineralsAU$4.488.0%
+AU$372.9m
134.6%PE42.3x
BGL Bellevue GoldAU$0.957.3%
+AU$266.4m
-50.8%PE16.4x
WGX Westgold ResourcesAU$3.0010.3%
+AU$264.1m
31.0%PE27.4x
EVN Evolution MiningAU$8.791.4%
+AU$240.3m
123.1%PE25.5x
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Latest News

VTM

AU$0.90

Victory Metals

7D

-12.2%

1Y

283.0%

NST

AU$20.48

Northern Star Resources

7D

6.6%

1Y

42.6%

BGL

AU$0.95

Bellevue Gold

7D

7.3%

1Y

-50.8%

EVN

AU$8.79

Evolution Mining

7D

1.4%

1Y

123.1%

CYL

AU$6.16

Catalyst Metals

7D

-7.2%

1Y

431.0%

WAF

AU$2.67

West African Resources

7D

7.2%

1Y

81.0%

RMS

AU$2.80

Ramelius Resources

7D

4.5%

1Y

46.6%

BC8

AU$0.81

Black Cat Syndicate

7D

-3.6%

1Y

121.9%

PDI

AU$0.35

Predictive Discovery

7D

-17.6%

1Y

84.2%

DTR

AU$0.094

Dateline Resources

7D

113.6%

1Y

683.3%

SPR

AU$2.19

Spartan Resources

7D

5.3%

1Y

180.8%

OBM

AU$1.05

Ora Banda Mining

7D

-1.4%

1Y

211.9%

CAY

AU$0.24

Canyon Resources

7D

-15.5%

1Y

218.2%